MarketsFarm — Canadian canola ending stocks for 2022-23 were revised higher by Agriculture and Agri-Food Canada in its latest supply/demand estimates, released Friday. The larger carryout projection came despite a […] Read more
Tag Archives Canola
AAFC raises canola stocks projection, despite smaller crop
Department also trims wheat ending stocks
Ontario confirms canola flower midge populations
New midge species could be native to North America
The emergence of a new canola gall midge in Ontario in 2021 has prompted researchers to re-assess swede midge data. The canola flower midge (CFM) was first noted in Western […] Read more
ICE weekly outlook: Canola trade’s focus on South America
Canola still entrenched in $800-$900 range
MarketsFarm — ICE Futures canola contracts held relatively rangebound during the week ended Wednesday, looking for some direction to push values one way or the other. “We’re just watching South […] Read more
ICE weekly outlook: Less canola to be exported
Crop expectations from Canada, Australia are factors
MarketsFarm — Any hopes of Canada exporting 9.3 million tonnes of canola during 2022-23 have now been dashed for two reasons. One reason is the latest Statistics Canada production report […] Read more
Australia looking at record wheat, canola crops
Near-record winter crop output expected
MarketsFarm — Australia is forecast to harvest record-large wheat and canola crops in 2022-23, with improved crop prospects in many parts of the country more than offsetting losses in others. […] Read more
Speculative short position grows in canola
Managed money still net long in soybeans
MarketsFarm — Speculators in the ICE Futures canola were busy liquidating long positions and adding to the short side of the market during the last week of November. That’s caused […] Read more
U.S. judge dismisses indictment against Huawei executive
Related charges remain against company
New York | Reuters — A U.S. judge on Friday dismissed an indictment against Meng Wanzhou, the chief financial officer of Huawei Technologies, formally ending a criminal sanctions case that […] Read more
StatCan data show smaller Canadian canola, durum production
Report also logs more barley, oats than previous estimates
MarketsFarm — Canadian farmers grew less canola and durum than originally thought in 2022, but more barley and oats, according to updated production estimates from Statistics Canada released Friday. “There […] Read more
Huawei executive’s U.S. bank fraud charges to be dismissed
Charges remain against company itself
Reuters — U.S. prosecutors on Thursday asked a judge to dismiss bank fraud and other charges against Meng Wanzhou, the chief financial officer of China’s Huawei Technologies, whose 2018 arrest […] Read more
ICE weekly outlook: Canola still rangebound but upside possible
Crush margins expected to stay high for now
MarketsFarm — The ICE Futures canola market traded within a certain range for the week ended Wednesday, but one trader believes that wide crush margins will take prices over the […] Read more
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